In 2024, Spain will be ranked as the top country for digital nomads, according to the full list.
Although return-to-office mandates have been issued post-pandemic, remote work continues and has transformed cities globally. However, some countries are more open to digital nomads than others.
In 2024, Global Citizen Solutions released its annual Global Digital Nomad Report, which ranked the top countries for digital nomads based on their accommodating nature. The report examined 65 countries that identified as such.
The report analyzed 12 key indicators and ranked the countries based on five sub-indexes.
- Visa costs
- Visa benefits
- Quality of life
- Economic environment
- Tech and innovation
According to Laura Madrid Sartoretto, the lead researcher at Global Solutions Intelligence Unit, the key takeaway from this year's report is that the countries that ranked highest were those that provided citizenship or permanent residency to their citizens.
Madrid Sartoretto says that more individuals are attempting to utilize these programs to obtain a second citizenship and take advantage of the mobility they provide.
Madrid Sartoretto stated that the United States was not included in the report because it does not provide a proper digital nomad visa, and only nine of the top 10 countries were in Europe.
Spain is the No. 1 country for digital nomads
Score: 89.12
According to the Global Nomad Digital Report, Spain is considered the top country for digital nomads due to its favorable visa benefits and strong tech innovation.
The report highlights Spain as an ideal location for tech and innovation due to its affordability and high-speed internet.
Digital nomads rank Spain highly due to its quality of life and fast internet connection.
Madrid Sartoretto notes that the only disadvantage is that English is not yet widely spoken throughout the country.
The country of Spain boasts stunning beaches and vibrant cities such as Barcelona, Madrid, Seville, and others. Additionally, it is known for its famous landmarks, including the Sagrada Familia and Alhambra.
10 best countries for digital nomads in 2024
- Spain
- Netherlands
- Norway
- Estonia
- Romania
- Malta
- Portugal
- Canada
- Hungary
- France
The Netherlands ranks second as a country for digital nomads, with a score of 86.26 and a top-notch quality of life score of 98.
Madrid Sartoretto notes that while the Netherlands has a high quality of life, it has a higher cost of living than Spain, which is something to consider when considering working in the country.
In the Netherlands, a single person's estimated monthly costs without rent are $1,088.50, which is 4.1% lower than the cost of living in the United States, according to Numbeo.
The European country lacks a digital nomad visa, but offers a self-employed residence permit, which requires a valid passport or travel document to obtain.
The Netherlands is renowned for its picturesque landscapes, including Amsterdam, its tranquil countryside, and iconic windmills.
Sign up for CNBC's online course to learn how to manage your money effectively and boost your savings, investments, and confidence. Use code EARLYBIRD for a 30% discount through September 2, 2024.
Sign up for CNBC Make It's newsletter to receive expert advice on work, money, and life.
Make It
You might also like
- Financial psychologist reveals the most common misconception about feeling rich and provides strategies to overcome it.
- This individual, at 25 years old, holds one of the most gratifying college degrees and states, "I wouldn't trade it."
- As a resident of Japan, where some of the world's longest-living individuals reside, the top food I must have in my kitchen is:
- What is the appropriate way to respond to the question "How much money do you make?" on a date, as advised by a dating coach?
- How to Spot Medical Misinformation Online: 1 in 3 Gen Z Men Turn to Social Media for Health Advice